Oil fluctuated in New York, heading for its first annual loss since 2008, as U.S. lawmakers tried to bridge disagreements over how to avert tax increases and spending cuts that threaten the world’s largest economy. West Texas Intermediate futures were little changed after sliding for two days as U.S. Senate Majority Leader Harry Reid said […]

Gold fell for the first time in five days as some investors sold the metal amid negotiations between U.S. lawmakers to strike a budget deal before the end of the year. Silver gained as investors boosted holdings to a record. Spot gold lost as much as 0.4 percent to $1,653.55 an ounce and was at […]

The company, led by chief executive Helge Lund, stated in its recent third-quarter results report that it could face a one-off deferred tax charge of Nkr2.3 billion ($398.5 million) as a result of new tax rules for overseas activities being proposed by Norway’s Finance Ministry. Under the existing

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